Zetwerk Manufacturing Businesses IPO Listing Today: Shares Debut At 5% Premium After Modest Subscription
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Zetwerk Manufacturing Businesses shares made a moderate debut on the stock exchanges. They listed at a premium of 5% on stock exchanges. Read more.
Zetwerk Manufacturing Businesses made its debut on stock exchanges today, i.e., 23 October 2026. The initial public offering (IPO) of Zetwerk Manufacturing Businesses was a mainboard issue and its shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The shares were listed at a premium of 5% compared with the IPO issue price of ₹151 per share in the upper price band. On the BSE and NSE, the shares opened at ₹159 apiece.
Zetwerk Manufacturing Businesses IPO And Subscription Details
The Zetwerk Manufacturing Businesses IPO carried a price band of ₹143–151 per share. It was open for subscription from 15 October to 19 October. The IPO’s size was pegged at ₹5,012.33 crore and had a lot size of 99 shares.
The IPO attracted an overall subscription of 3.06 times by the close of bidding, with investors bidding for 56,62,54,656 shares against 18,50,66,845 shares on offer, exchange data indicated.
Institutional investors accounted for the strongest demand, with the qualified institutional buyer (QIB) category subscribed 4.73 times. Subscription in the non-institutional investor (NII) segment reached 1.40 times, while the retail portion remained undersubscribed at 0.73 times.
While KFin Technologies Ltd was the registrar to the issue, the following were the book running lead managers:
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Kotak Mahindra Capital Company Ltd.
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Morgan Stanley India Company Private Ltd.
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Goldman Sachs (India) Securities Private Ltd.
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Avendus Capital Private Ltd.
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JM Financial Ltd.
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HSBC Securities and Capital Markets (India) Private Ltd.
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Pantomath Capital Advisors Private Ltd.
About Zetwerk Manufacturing Businesses
Established in 2017, Zetwerk connects businesses with manufacturing partners through a technology-driven platform designed to support customised and large-scale production.
The company caters to several industries, such as electronics, clean energy, aerospace, defence, oil and gas, AI infrastructure and industrial automation. Its business network extends across India and overseas, bringing together customers, suppliers and manufacturing units in multiple countries.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Neha Dubey has spent 6+ years turning market chaos into something readable. At Kotak Neo, she works on IPOs and writes for the Market Ready newsletter — making sense of the markets so you don't have to.
Off the clock, she's chasing good stories, new cuisines, and the occasional impromptu singalong. A believer in small pleasures, with excellent taste for a well-timed splurge.
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